Chapman Financial Group LLC Makes New $657,000 Investment in Uber Technologies, Inc. (NYSE:UBER)

Chapman Financial Group LLC acquired a new stake in Uber Technologies, Inc. (NYSE:UBER - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 10,887 shares of the ride-sharing company's stock, valued at approximately $657,000.

Several other institutional investors and hedge funds also recently made changes to their positions in UBER. Polianta Ltd acquired a new stake in shares of Uber Technologies during the 4th quarter worth approximately $1,206,000. Allworth Financial LP boosted its stake in Uber Technologies by 8.9% during the fourth quarter. Allworth Financial LP now owns 20,381 shares of the ride-sharing company's stock worth $1,229,000 after acquiring an additional 1,663 shares in the last quarter. Lecap Asset Management Ltd. bought a new stake in Uber Technologies in the fourth quarter valued at $3,188,000. Mirador Capital Partners LP raised its holdings in shares of Uber Technologies by 40.4% during the fourth quarter. Mirador Capital Partners LP now owns 85,214 shares of the ride-sharing company's stock valued at $5,140,000 after purchasing an additional 24,520 shares during the period. Finally, Baader Bank Aktiengesellschaft boosted its position in shares of Uber Technologies by 1,705.2% during the 4th quarter. Baader Bank Aktiengesellschaft now owns 56,592 shares of the ride-sharing company's stock worth $3,414,000 after purchasing an additional 53,457 shares in the last quarter. Institutional investors own 80.24% of the company's stock.

Analyst Upgrades and Downgrades

UBER has been the topic of a number of research reports. JMP Securities reaffirmed a "market perform" rating on shares of Uber Technologies in a research note on Thursday, February 6th. Benchmark reissued a "hold" rating on shares of Uber Technologies in a research report on Friday, January 31st. Wells Fargo & Company upped their price objective on shares of Uber Technologies from $87.00 to $90.00 and gave the stock an "overweight" rating in a report on Thursday, April 3rd. JPMorgan Chase & Co. dropped their price objective on shares of Uber Technologies from $90.00 to $80.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Finally, TD Cowen decreased their target price on shares of Uber Technologies from $90.00 to $88.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Ten equities research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Uber Technologies currently has a consensus rating of "Moderate Buy" and an average target price of $89.81.

Insider Buying and Selling at Uber Technologies

In other news, insider Tony West sold 23,404 shares of the firm's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $70.27, for a total transaction of $1,644,599.08. Following the sale, the insider now owns 114,241 shares in the company, valued at approximately $8,027,715.07. This trade represents a 17.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Prashanth Mahendra-Rajah sold 2,750 shares of the company's stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $75.00, for a total transaction of $206,250.00. Following the completion of the transaction, the chief financial officer now owns 22,162 shares of the company's stock, valued at $1,662,150. This trade represents a 11.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 77,154 shares of company stock valued at $5,793,869 in the last 90 days. Corporate insiders own 3.84% of the company's stock.

Uber Technologies Price Performance

Shares of NYSE:UBER opened at $84.28 on Monday. The company has a 50 day moving average of $73.83 and a 200 day moving average of $71.32. The company has a current ratio of 1.07, a quick ratio of 1.41 and a debt-to-equity ratio of 0.37. The stock has a market cap of $176.30 billion, a P/E ratio of 18.48, a P/E/G ratio of 0.89 and a beta of 1.43. Uber Technologies, Inc. has a 12 month low of $54.84 and a 12 month high of $87.00.

Uber Technologies (NYSE:UBER - Get Free Report) last released its quarterly earnings results on Wednesday, February 5th. The ride-sharing company reported $3.21 EPS for the quarter, beating analysts' consensus estimates of $0.50 by $2.71. Uber Technologies had a net margin of 22.41% and a return on equity of 62.60%. As a group, sell-side analysts forecast that Uber Technologies, Inc. will post 2.54 EPS for the current fiscal year.

About Uber Technologies

Uber Technologies, Inc develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

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